A bipartisan group of senators are urging Treasury Secretary Jack Lew not to rely on a recent Office of Financial Research study as basis for labeling asset management firms as systemically risky.

WASHINGTON -- CUNA slammed NCUA over proposed requirements for contacts with federal credit unions -- labeling the rule unnecessary, unjustified and driven largely by a desire for "examiner convenience."

More than five years after the financial crisis, President Obama could once again turn some attention to the Dodd-Frank Act and the housing market during his State of the Union address next week.

Retailers are letting Congress know they support federal efforts to thwart cybercrime, while voicing their support of chip-based EMV smartcards combined with PIN authentication as a defense against future breaches.

WASHINGTON -- After reviewing the proposed new rule on risk-based capital introduced at Thursday's NCUA's board meeting, CUNA is not changing its stance that credit unions do not need reform that increases their capital burdens.

Large international money transmitters would have to follow the same federal remittance rules that apply to banks under a Consumer Financial Protection Bureau proposal released today.

A new Consumer Financial Protection Bureau proposal would put large nonbank money transmitters on more equal footing with banks and credit unions required to follow federal remittance rules.

ALEXANDRIA, Va. -- NCUA approved a strategic plan for the next four years during its first board meeting of 2014 Thursday, including outlining priorities for the agency through 2017.

Mary Miller, Under Secretary for Domestic Finance, said regulators must standardize how institutions report the data meant to help officials gauge systemic risks.

BIRMINGHAM, Ala. -- With NCUA's proposed new risk-based capital rule due out Thursday, credit unions are anxiously waiting to see if the agency gets it right.

WASHINGTON -- Rep. Scott Garrett, R-N.J., a senior member of the House Financial Services Committee, is preparing to unveil legislation designed to increase public awareness of the Federal Reserve Board's rule-writing process.

WASHINGTON -- NCUA's warning that it could fine credit unions by as much as $1 million a day for filing late call reports is under more fire.

While it is easy to vilify Target for its recent data breach, the card networks' refusal to take on real card security makes the retailer a victim along with consumers.

NCUA released a list of regulations Tuesday it will review this year, noting that the agency is currently accepting public comments on the substance and clarity of each rule.

It's been roughly a decade since Target executives ended their attempts to convert to EMV-chip payment cards to improve security. After a massive breach of magnetic-stripe card data, it seems they have changed their minds yet again.

Several more banks have disclosed financial hits because they hold securities that regulators declined to exempt from the Volcker Rule. Many of the bankers are upset because they are taking impairment charges on performing securities.

Judges for an appeals court appeared sympathetic to the Federal Reserve Board's defense of its rule capping interchange fees on debit cards, fueling hopes by bankers that the agency will beat back a legal challenge.

Judges for an appeals court appeared sympathetic Friday to the Federal Reserve Board's defense of its rule capping interchange fees on debit cards, fueling hopes by bankers that the agency will beat back a legal challenge.

TEMPLE, Texas -- NCUA's warning that it will fine credit unions filing late call reports by as much as $1 million per day is drawing support as well as criticism from industry leaders, with one executive describing the agency as "tone deaf."

DES MOINES, Iowa -- When it comes to compliance, fraud and risk, CUs this year should pay closer attention to their card rewards programs, how loans are being serviced and ramifications from data breaches.